Colony Capital Inc (CLNY) : Traders are bullish on Colony Capital Inc (CLNY) as it has outperformed the S&P 500 by a wide margin of 4.97% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.03%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1% in the last 1 week, and is up 5.37% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Colony Capital, Inc. is up 6.39% in the last 3-month period. Year-to-Date the stock performance stands at -1.49%. The stock has recorded a 20-day Moving Average of 2.16% and the 50-Day Moving Average is 7.33%.
Colony Capital Inc (NYSE:CLNY): The stock opened at $18.33 on Friday but the bulls could not build on the opening and the stock topped out at $18.47 for the day. The stock traded down to $18.17 during the day, due to lack of any buying support eventually closed down at $18.24 with a loss of -1.67% for the day. The stock had closed at $18.55 on the previous day. The total traded volume was 901,233 shares.
Colony Capital, Inc., formerly Colony Financial, Inc., is a diversified commercial real estate and investment management company that owns a portfolio of real estate equity and debt investments at risk-adjusted returns. The Company operates in four segments: real estate debt investments, which include originated and acquired commercial real estate debt, mortgage-backed securities, and other debt-related investments; a portfolio of light industrial real estate assets and associated operating platform acquired from Cobalt Capital Partners, L.P. and its affiliates; single-family residential rentals through its investment in CAH OP, and other real estate equity investments, which include real estate acquired in settlement of loans or from acquisition of operating properties, common equity in real estate or related companies, and certain preferred equity investments with profit participation meeting certain risk or return profiles.